Beneficient (BENF) Set to Announce Quarterly Earnings on Thursday

Beneficient (NASDAQ:BENF) is scheduled to release its earnings data after the market closes on Thursday, November 14th. Analysts expect Beneficient to post earnings of ($0.29) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Beneficient (NASDAQ:BENF) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $0.17 EPS for the quarter. The business had revenue of $10.05 million during the quarter. On average, analysts expect Beneficient to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beneficient Stock Performance

NASDAQ:BENF opened at $1.29 on Wednesday. Beneficient has a 52 week low of $1.11 and a 52 week high of $68.00. The company has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $2.55.

Insider Buying and Selling

In other Beneficient news, major shareholder Gwg Wind Down Trust sold 479,511 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $2.93, for a total value of $1,404,967.23. Following the sale, the insider now owns 643,178 shares of the company’s stock, valued at $1,884,511.54. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Beneficient news, major shareholder Gwg Wind Down Trust sold 479,511 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $2.93, for a total transaction of $1,404,967.23. Following the completion of the transaction, the insider now owns 643,178 shares in the company, valued at $1,884,511.54. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Peter T. Cangany, Jr. acquired 30,000 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was purchased at an average cost of $1.97 per share, for a total transaction of $59,100.00. Following the completion of the transaction, the director now owns 125,000 shares in the company, valued at approximately $246,250. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 827,447 shares of company stock valued at $2,051,842 in the last three months. 13.69% of the stock is owned by corporate insiders.

Beneficient Company Profile

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments.